Asia Property Market Review.net

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China Mulls Property Tax

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March 15, 2018

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China mulls property tax at the national congress meeting. China said a bill for a property tax is being drafted, moving a step closer to a levy that could help tame runaway home prices.

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Officials are working on the measure, vice Finance Minister Shi Yaobin said in a Wednesday briefing in Beijing during the annual meeting of the National People’s Congress. Former Finance Minister Lou Jiwei told reporters that a draft bill may be reviewed by the legislature this year.

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 -  Staff Writer APMR News

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Article published on : 2018 March 15,  8:45 pm GMT+800

Article last updated : 2018 March 15, 10:55 pm GMT +800

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